Our consulting partners are engaged in various Business Transformation projects across multiple verticals. It is interesting to note that the majority of organizations are either trying to improve on margins from existing products (services) or expanding to a new product (service) category. In fact, a survey by PWC showed that not only the big ones, several small enterprises (annual revenue $100mn) are embarking on transformation journey by expanding to new, untested product or service areas.
The two areas where Business Architecture will add value are:
- Identify conflicting strategies, outdated processes
- Gap analysis and prioritizing business cases
Our methodology for Business Transformation methodology focused on four key areas such as strategies for service (product) improvement, plan for culture change, defining detailed action items for strategy execution and also leveraging key partnership opportunities.